Answer:
He should order 681.66 gallons to minimize the cost, but he have a 500 gallon tank he can fill, so he will order 500 gallons every time, to minimize the cost.
Explanation:
According to the given data we have the following:
h = handling cost per unit = $ 9
S = Ordering cost per order = $20.5
He uses 8,500 gallons a month, therefore, the annual demand D= 8,500*12 = 102,000 gallons
.
Therefore, the optimal ordering quantity would be= [ (2*D*S) / h ]1/2
=681.66 units
He should order 681.66 gallons to minimize the cost, but he have a 500 gallon tank he can fill, so he will order 500 gallons every time, to minimize the cost.
Based on the information given the amount of loss that Sherri deduct in 2021 is $3,000.
<h3>
Short-term loss and
long-term loss</h3>
Since he had both short-term loss and long-term loss the amount of loss that is deductible is $3,000 of capital loss. ($1,500 each for married filing separately).
Both the short-term loss and the long-term loss are combined up to the limit of the amount of $3,000 and the capital loss in excess of the amount of $3,000 are carried forward to following year.
Inconclusion the amount of loss that Sherri deduct in 2021 is $3,000.
Learn more about short-term loss and long-term loss here:brainly.com/question/25117603
A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.
Considering the situation described above, this is an example of a "<u>Long-Term investment strategy."</u>
<h3>What is a Long-Term Investment Strategy?</h3>
Long Term Investment Strategy is a type of investment decision in which the investor hopes to reap the rewards later, usually five years or more.
Given that Isabel and Stuart opened a money market account to begin saving for the college expenses of their newborn daughter, which may take an average of 16 years or more before they reap it, this is an example of a "<u>Long-Term Investment Strategy."</u>
Hence, in this case, it is concluded that the correct answer is "<u>Long-term investment strategy."</u>
Learn more about the Investment strategy here: brainly.com/question/25730859
Answer:
The answer is: $720
Explanation:
We can use the following formula to calculate Jupiter Company's interest expenses:
- interest expenses = principal x (annual interest / 12) x number of months
interest expenses = $36,000 x (8%/12) x 3 months (March, April and May)
interest expenses = $36,000 x 0.0067 x 3 = $720
